Center Bancorp
CNOB
93 hedge funds and large institutions have $338M invested in Center Bancorp in 2015 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 37 increasing their positions, 24 reducing their positions, and 9 closing their positions.
54% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 24
0% more funds holding
Funds holding: 93 → 93 (0)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 9
1% less capital invested
Capital invested by funds: $343M → $338M (-$4.78M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$4.39M |
| 2 |
ECA
Endeavour Capital Advisors
Greenwich,
Connecticut
|
+$4.12M |
| 3 |
FCM
FJ Capital Management
Mclean,
Virginia
|
+$2.83M |
| 4 |
Brown Advisory
Baltimore,
Maryland
|
+$2.43M |
| 5 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$2.17M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SC
Seawolf Capital
New York
|
-$7.88M |
| 2 |
CAM
Cortina Asset Management
Milwaukee,
Wisconsin
|
-$5.41M |
| 3 |
Bank of New York Mellon
New York
|
-$4.99M |
| 4 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$1.74M |
| 5 |
UBS AM
Chicago,
Illinois
|
-$643K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Barclays
London,
United Kingdom
| – | -$5K | -285 | Closed |
|
|
FNBT
102
FineMark National Bank & Trust
Fort Myers,
Florida
| – | -$2K | -87 | Closed |
|
CNOB Hedge Fund Activity: Q4 2015 in Review
93 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Center Bancorp (CNOB) for Q4 2015, worth a combined $338M — down 1.4% from $343M a quarter earlier.
Fund positioning in CNOB was balanced in Q4 2015: 9 funds opened new positions, 9 closed out, 37 added to existing stakes and 24 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $4.39M. The largest seller was Seawolf Capital, exiting entirely with an estimated $7.88M sold.
- 93 institutional investors held Center Bancorp (CNOB) as of Q4 2015, unchanged from Q3 2015.
- Funds reported $338M of Center Bancorp stock for Q4 2015, down 1.4% quarter-over-quarter.
- 9 funds opened new Center Bancorp positions in Q4 2015 and 9 closed out, a net change of 0 holders.
- The largest Center Bancorp buyer in Q4 2015 was Wellington Management Group, an estimated $4.39M added.
- The largest Center Bancorp seller in Q4 2015 was Seawolf Capital, an estimated $7.88M sold.
Based on aggregated 13F filings for Q4 2015.